SBI Launches Collateral-Free Digital SME Loan for Women Entrepreneurs
On the occasion of International Women’s Day 2025, the State Bank of India (SBI) launched ‘SBI Asmita’, a collateral-free digital SME loan exclusively for women entrepreneurs. The initiative aims to simplify access to financing for women-led MSMEs through a digital, hassle-free process. Additionally, SBI introduced the ‘Nari Shakti’ platinum debit card, designed specifically for women, featuring benefits across multiple categories.
| Summary/Static | Details |
| Why in the news? | SBI Launches Collateral-Free Digital SME Loan for Women Entrepreneurs |
| SBI Asmita (SME Loan) | Collateral-free digital loan for women entrepreneurs with API-based verification and automatic sanction. |
| Top Women Entrepreneur Training | Selected borrowers receive entrepreneurial and management training. |
| ‘Nari Shakti’ Platinum Debit Card | RuPay-powered, made from 100% recycled plastic, with benefits in shopping, travel, insurance, etc. |
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